Despite the botched hosting gig, Franco does admit he would like to win an Oscar, but says it's a difficult race to run:

"Sure," he says when asked if he wants to win an Academy Award. "It's great to be recognized and it's great to be recognized by your peers, but the situation you get into when you're an Oscar hopeful, it's like running for office…but there's no ticket to run on."

Also up for discussion? Franco's infamous sex tape, and Stern presses the actor for details.

"It wasn't professional in anyway, it was my girlfriend…she's married now," he admits as Howard continues for ask for the woman's identity.

"That was after Freaks and Geeks, it was with my girlfriend, she maybe doesn't want me to say who," he continues as Stern pries.

"All right, I'll say it was an innocent thing we made for ourselves, it wasn't like, you know, Screech where it was made for public consumption and everybody knows," he jokes before adding. "I dated an actress named Marla Sokoloff for like four years."